National Park System Long-Term Lease Investment Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 2498 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                S. 2498

  To authorize the Secretary of the Interior to extend certain leases 
 within units of the National Park System without opening the lease to 
                                bidding.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             July 29, 2025

 Mr. Tillis (for himself and Mr. Budd) introduced the following bill; 
   which was read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 A BILL

 
  To authorize the Secretary of the Interior to extend certain leases 
 within units of the National Park System without opening the lease to 
                                bidding.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``National Park System Long-Term Lease 
Investment Act''.

SEC. 2. AUTHORIZATION TO EXTEND CERTAIN LEASES.

    (a) In General.--The Secretary of the Interior (acting through the 
Director of the National Park Service) (referred to in this section as 
the ``Secretary'') may extend a lease entered into under part 18 of 
title 36, Code of Federal Regulations (as in effect on January 3, 
2025), without complying with the requirements of sections 18.7 or 18.8 
of that part, if--
            (1) the lessee--
                    (A) entered into the lease not less than 5 years 
                before the date on which the extension takes effect; 
                and
                    (B) is in compliance with the terms and conditions 
                of the lease; and
            (2) the Secretary determines that extending the lease is in 
        the best interests of the administration of the applicable unit 
        of the National Park System.
    (b) Revision of Regulation.--Not later than 90 days after the date 
of enactment of this Act, the Secretary shall revise part 18 of title 
36, Code of Federal Regulations, to reflect the authority granted under 
subsection (a).
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